189
189
Nov 14, 2012
11/12
by
CNBC
tv
eye 189
favorite 0
quote 0
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama victory. here you see the yellow line here is the top 50 blue chips in europe. how they have traded over the last month. this is the dow jones industrial average. you'll see that under performance now, 4.5% as a result arguably of that fiscal cliff and arguably where the election left us. >> it's going to get tougher sledding. >>> meantime other capital markets op-ed, gary is looking although a few charts as he did yesterday. >> you know, carl, great piece by riches warning people about bond funds versus bonds. a lot of people ignore t
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama...
389
389
Jan 27, 2012
01/12
by
CNBC
tv
eye 389
favorite 0
quote 0
business is heroic in this environment. you wouldn't know talking to them that there's any kind of macro slowdown out there. >> when we take a look at the business lines by geography and we see same store sales were up 2% in europe, is that better than you had expected or worse? i'm just trying to get a sense of ow this might be extrapolated to other restaurants who operate in europe as well. >> yeah. this is the first quarter that starbucks is breaking out europe and the asia business. so it was tough to really gauge. i think most people were thinking low single digits. those results were roughly in line with expectations. the only other company we have in restaurants that has, you know, significant exposure throughout western europe would be mcdonald's. they actually just reported. and they are seeing no negative impact from a more challenging macro environment. so it's been very impressive thus far. we haven't seen that real slowdown. starbucks low single digits. uk they said they got better. that's probably their bigges
business is heroic in this environment. you wouldn't know talking to them that there's any kind of macro slowdown out there. >> when we take a look at the business lines by geography and we see same store sales were up 2% in europe, is that better than you had expected or worse? i'm just trying to get a sense of ow this might be extrapolated to other restaurants who operate in europe as well. >> yeah. this is the first quarter that starbucks is breaking out europe and the asia...
234
234
Aug 16, 2012
08/12
by
CNBC
tv
eye 234
favorite 0
quote 0
we think that's going to drive the story. >> yet the environment is still poor. we don't want to live through the last three, four years. it seems to me the man at the helm changed the strategy to a very large extent so, you know, really two things he has done -- one of the things he's lowered the cost structure, to make cisco competitive, with more competitive pricing out there, but still make, you know, good profits. the other thing you mentioned, he's being more shareholders friendly, returning more of the cash to shareholders. he says he'll commit at least half. they're setting a precedent out there. they're going to lead the stock higher. >> is it a growth stock or value stock? >> yeah, it's definitely more value. i mean, the reality is this is becoming more of a blue-ship name. the comps we think are more like the procter & gambles, the coca-colas of the world. network equipment is becoming a necessity, right, in terms of everyone wants to be an internet, more and more services are being put on the internet. >> it almost sounds like you're saying what they'
we think that's going to drive the story. >> yet the environment is still poor. we don't want to live through the last three, four years. it seems to me the man at the helm changed the strategy to a very large extent so, you know, really two things he has done -- one of the things he's lowered the cost structure, to make cisco competitive, with more competitive pricing out there, but still make, you know, good profits. the other thing you mentioned, he's being more shareholders friendly,...
222
222
Aug 22, 2012
08/12
by
CNBC
tv
eye 222
favorite 0
quote 0
if you will, that's an assumption we're using in this environment. and to the extent we add policy decisions that would make it more confident the multiple to go higher, the fiscal cliff would be one issue. >> if i'm an equity investor and able to craw myself back, let's say, in december of this year and complete this ensentence. back in august when i was looking at the s&p and thinking about the issues, i should have done what? fill that sentence? >> give vefocus in on the dividd stocks. companies delivering strong cash flow and raising the dividends, i think those stocks tend to perform well. i think the market continues to see huge flow into bonds, virtually no funds going into equities. i think the idea of income is an attractive component here. >> was there something magic about what draghi said in june? do you think even he anticipated p rally awe new? >> no, i think the implication is that people look at risk reduced in europe. i think that's been the case. obviously big dates coming up in september when the german constitutional court, electi
if you will, that's an assumption we're using in this environment. and to the extent we add policy decisions that would make it more confident the multiple to go higher, the fiscal cliff would be one issue. >> if i'm an equity investor and able to craw myself back, let's say, in december of this year and complete this ensentence. back in august when i was looking at the s&p and thinking about the issues, i should have done what? fill that sentence? >> give vefocus in on the...
162
162
Apr 20, 2012
04/12
by
CNBC
tv
eye 162
favorite 0
quote 0
we have five riggs running in the deep water environment. the same number of riggs that we were operating prior to the events of 2010 and we continue to be an active player in the gulf of mexico in the development of the critical energy resources this country needs. >> ironically production in the gulf is down. but production overall in the u.s. is up. like places in north dakota. as we have seen by this whole experience it comes with a risk. >> lot of time to heal. good stuff, brian, thank you so much. >>> don't forget to send us your tweets this morning. microsoft is the third best performing stock on the s&p. still playing some catch-up to apple on some levels. which leads to our twitter question -- microsoft is to apple as blank is to blank. need any help? uh, nope. just, uh, checking out my ad. nice. but, you know, with every door direct mail from the postal service, you'll find the customers that matter most: the ones in your neighborhood. print it yourself, or we'll help you find a local partner. and postage is under 15 cents. i wish
we have five riggs running in the deep water environment. the same number of riggs that we were operating prior to the events of 2010 and we continue to be an active player in the gulf of mexico in the development of the critical energy resources this country needs. >> ironically production in the gulf is down. but production overall in the u.s. is up. like places in north dakota. as we have seen by this whole experience it comes with a risk. >> lot of time to heal. good stuff,...
312
312
Apr 19, 2012
04/12
by
CNBC
tv
eye 312
favorite 0
quote 0
obviously we didn't anticipate a three-year zero interest rate environment. very difficult market conditions. we've said by the middle of next year we'll be at mid teens and i think with an 11% jump this quarter good evidence and good confidence will get there. >> you know, we sat down i think about six months ago and you had indicated during that time that, by the way, in the midst of europe being a very bad situation that it would be a couple years until we got back to the so-called normal, whatever that means. do you still feel that way? >> well, i think first lit global economic macro environment is really what's driving the markets. i mean, fundamentals of individual companies even on days of earnings have very little impact plus or minus. it's the macro. we've had, even last week weerks had spain as sort of the headline, the gdp growth in china was at 8.1 versus an expected 8.3 and suddenly everybody panicked over that. very fragile environment in that regard. but i think as i look at the world the u.s. i believe is recovering better than most people th
obviously we didn't anticipate a three-year zero interest rate environment. very difficult market conditions. we've said by the middle of next year we'll be at mid teens and i think with an 11% jump this quarter good evidence and good confidence will get there. >> you know, we sat down i think about six months ago and you had indicated during that time that, by the way, in the midst of europe being a very bad situation that it would be a couple years until we got back to the so-called...
222
222
May 9, 2012
05/12
by
CNBC
tv
eye 222
favorite 0
quote 0
the dollar is doing well in this type of an environment. and, again, that's one of the positives we see, is that with the problems overseas and the central banks cutting rates, that actually is a bit of a help for our economy, h is doing better. >> if you buy the decoupling argument, that is true. gary, thanks so much. >> sure. >> gary thayer joining us, down for the sixth consecutive session. >> wow. a few more final thoughts on the a few more final thoughts on the markets right after this. >>> welcome back to "squawk on the street." market flash on bank of america. stock not moving much. down half a percent. the news though, shareholder meeting. protests outside in charlotte, north carolina. margaret, one of our producers, is there sending us information, basically looks like moynihan is taking heat from shareholders. according to margaret popper, guy stood up and said, should i just be 90 days delinquent and wait for modification. why should i pay my mortgage on time when people aren't are getting hurt. moynihan got upset with that. guys
the dollar is doing well in this type of an environment. and, again, that's one of the positives we see, is that with the problems overseas and the central banks cutting rates, that actually is a bit of a help for our economy, h is doing better. >> if you buy the decoupling argument, that is true. gary, thanks so much. >> sure. >> gary thayer joining us, down for the sixth consecutive session. >> wow. a few more final thoughts on the a few more final thoughts on the...
467
467
Feb 3, 2012
02/12
by
CNBC
tv
eye 467
favorite 0
quote 1
is it a tighter regulatory environment? that's probably fair. there are a lot of deals people have talked about that are in question that are actually going to go through. >> six months, nine months, see how the predictions went. >> thanks very much, david, for having me. >> back to you guys. >> thanks, david. >>> a quick check on markets on the way out, on the way to break here. looking at interesting levels on the dow at 12,860 already taking out the closing high from last year which is 12,810. this would be the highest close now since may of 2008. and of course on the s&p if you had bought at 666, at the lows in may or march of '09 you would have doubled your money. >> wow. >> officially as of today. when we come back ten ways to change the world according to google. we've got your super bowl sunday coverage from ticket sales to special commercial sneak peeks. stick around. back in two minutes. >> i'm very concerned about any attempt to raise taxes on private equity returns. it hurts minority private equity funds. it'll devastate them because
is it a tighter regulatory environment? that's probably fair. there are a lot of deals people have talked about that are in question that are actually going to go through. >> six months, nine months, see how the predictions went. >> thanks very much, david, for having me. >> back to you guys. >> thanks, david. >>> a quick check on markets on the way out, on the way to break here. looking at interesting levels on the dow at 12,860 already taking out the closing...
230
230
Feb 22, 2012
02/12
by
CNBC
tv
eye 230
favorite 0
quote 0
in that environment it's quite interesting that we are ticking slightly higher, on, for example, the spanish and the italian yields at the moment. it's not a huge move, but clearly the market is just pausing on the rally that we've had so the prices move down and the yields move slightly higher. notwithstanding what ira and rick were talking about with the inversion of some of the notably portuguese bond market earlier on. let me just mention one corporate story for you. people have been selling in to peugeot today. it's a french carmaker, the second largest in europe. it's still controlled by the family. there's widespread reports that general motors might be about to link up with peugeot in some form. comments out suggesting that will be more about structural issues, clear overcapacity there general motors and other carmakers in europe. if it does go through, that's what it will be about. apparently waiting for one of the automotive shows for that to be announced. >> interesting corporate story. don't go away. i think fresh head leans out of greece. >> the euro spiked up. the euro
in that environment it's quite interesting that we are ticking slightly higher, on, for example, the spanish and the italian yields at the moment. it's not a huge move, but clearly the market is just pausing on the rally that we've had so the prices move down and the yields move slightly higher. notwithstanding what ira and rick were talking about with the inversion of some of the notably portuguese bond market earlier on. let me just mention one corporate story for you. people have been...
204
204
Aug 9, 2012
08/12
by
CNBC
tv
eye 204
favorite 0
quote 0
retail environment, are looking for us to augment what they're doing at checkout, with in-store clienteling so they can check you out and sell you something from their online warehouse while you're in the store. these are exciting times for payment for sure. >> what would say to investors selling shares yesterday down 12%? what's your response to them? >> take a longview. verifone is a very innoefb business. we've grown from 300 million 11 years ago when i bought the business to over 1.9 billion today. we're very profitable. we have a lot of staying power. we generate a lot of cash, and we're morphing ourselves into the new world of payment and we're in a great position to do that. >> is an acquisition of square next? >> no, absolutely not. >> well, while some analysts think of verifone as aa hardware company, the company is actually becoming a bigger player in the advertising space, carl. as anyone who has seen taxi tv in new york city will surely recognize. verifone signed a deal valued up wards of $35 million to install systems in cabs in washington, d.c. it's expanding globally in citie
retail environment, are looking for us to augment what they're doing at checkout, with in-store clienteling so they can check you out and sell you something from their online warehouse while you're in the store. these are exciting times for payment for sure. >> what would say to investors selling shares yesterday down 12%? what's your response to them? >> take a longview. verifone is a very innoefb business. we've grown from 300 million 11 years ago when i bought the business to...
205
205
Apr 12, 2012
04/12
by
CNBC
tv
eye 205
favorite 0
quote 0
some of these acquisitions are largely defensive as the entsb r internet virn environment is rapidly evolving. the bigger companies need to keep up and google has done a lot of smaller deals to bring in new technologies to keep them competitive to try to keep them at the forefront. and yet obviously facebook maybe is at the forefront now. so a lot of this stuff is defensive. >> let's get back to the quarter. for whatever reason, a lot of investors like to play it even in the after market, you look at the press release, try to figure some things out. larry page will say something on the call that completely reverses your direction. what will you be looking at in the pages of the release and wl listening for on the call? >> actual numbers, of course. we're looking for 25% revenue growth, looking for about 9$9 9 $9.65 -- >> is there one metric people will be focused on more than any other? >> probably cost per click, although i don't agree with that measure. it was down and that caused agitation on the street. it will probably be down again this quarter. soo th so that would be the one
some of these acquisitions are largely defensive as the entsb r internet virn environment is rapidly evolving. the bigger companies need to keep up and google has done a lot of smaller deals to bring in new technologies to keep them competitive to try to keep them at the forefront. and yet obviously facebook maybe is at the forefront now. so a lot of this stuff is defensive. >> let's get back to the quarter. for whatever reason, a lot of investors like to play it even in the after market,...
329
329
Aug 2, 2012
08/12
by
CNBC
tv
eye 329
favorite 0
quote 0
we need to do a better job on our testing environment. i think the entire industry needs to do a better job. how about the comment they are searching for more capital to keep operating. he didn't provide any specifics but did say they were open for business. certainly need a little more details on that. finally, about what knight capital does because some may not be aware, their key business is market making operation. they're one of the biggest whole sailers out there, putting buyers and sellers together, big order flow from retail guys like ameritrade and scott trade. they have an institutional sales and trading operation and electronics trading operation. they were founded in 1995. what's the ripple effect of this whole thing? another black mark on electronic trading. i'm sorry. 45 minutes to let an errant program run? there's going to be a lot of criticism of that. finally, we need to make sure these electronic trading isn't a kind of systemic risk. fortunately, they seem to have contained it yesterday. good news for the nyse, bad new
we need to do a better job on our testing environment. i think the entire industry needs to do a better job. how about the comment they are searching for more capital to keep operating. he didn't provide any specifics but did say they were open for business. certainly need a little more details on that. finally, about what knight capital does because some may not be aware, their key business is market making operation. they're one of the biggest whole sailers out there, putting buyers and...
214
214
Nov 13, 2012
11/12
by
CNBC
tv
eye 214
favorite 0
quote 0
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
216
216
Apr 2, 2012
04/12
by
CNBC
tv
eye 216
favorite 0
quote 0
eastern time so are with we in an environment debating whether there will be a qe 3, are we in an environment where good news is bad news? at the top of the hour, it was above expectations and the market actually moved slightly lower before recovering. >> right. >> i don't necessarily know if i believe that. i think there's a lot of nervousness because of the levels that we're at. i don't think the necessarily good news is bad news to go along with what you're saying. obviously mr. bernanke himself has said that he's watching employment and housing. those numbers get weighed more heavily than any of the other financial numbers that we have coming out. but the sense is that because the volume has been kind of not really, really strong, gotten a little stronger as the quarter progressed, there are many people who believe that we can go higher because it hasn't been an all in. rather than a toe-in, people are in a kneecap in the water. that's a very bullish sign as we continue higher. >> melissa, what do we expect as we progress through the week? >> and if you look at the trading last week at th
eastern time so are with we in an environment debating whether there will be a qe 3, are we in an environment where good news is bad news? at the top of the hour, it was above expectations and the market actually moved slightly lower before recovering. >> right. >> i don't necessarily know if i believe that. i think there's a lot of nervousness because of the levels that we're at. i don't think the necessarily good news is bad news to go along with what you're saying. obviously mr....
207
207
Jun 8, 2012
06/12
by
CNBC
tv
eye 207
favorite 0
quote 0
but these are the companies that are winners in an environment of lower oil. how many weeks have we now been down in oil? well, how about the fact that this is the longest scene of bad oil prices in 13 years. and you know what, last i looked, we all buy oil. we don't sell it. we're in better shape. oil, we've got to close the week at 8323. or it's the fourth time since 83 that it's been down six weeks in a row. >> i know -- i don't want to be completely contrary and talk about our nation for a second. i know that sichbs 1492, spain has been incredibly important in china. it's been a war up there. china, i know china controls, so to speak. i talked about that last night. but there are people who benefit from a dramatic decline in crude. 85% of the s&p, 100% out there. we know credit problems can really create a great recession again. but i also want to point out that this is huge for america. to have oil come down. >> so you're looking -- you're thinking there's a glass half full argument to be made. >> pepsi huge buyer of energy. i'm using pepsi again. pepsi i
but these are the companies that are winners in an environment of lower oil. how many weeks have we now been down in oil? well, how about the fact that this is the longest scene of bad oil prices in 13 years. and you know what, last i looked, we all buy oil. we don't sell it. we're in better shape. oil, we've got to close the week at 8323. or it's the fourth time since 83 that it's been down six weeks in a row. >> i know -- i don't want to be completely contrary and talk about our nation...
250
250
Apr 3, 2012
04/12
by
CNBC
tv
eye 250
favorite 0
quote 0
that's a more positive environment. on the other hand, if there's no q.e. because the feds decides they want to tighten a bit, that would be a more negative signal. >> always good to see you. >> thank you. >>> spring is in the air. in fact, it seems to have been in the air for quite some time. a little early, certainly. today we're looking beyond the early blooms. and jane wells is seeing opportunity in how much municipalities can catch in on that early spring. jane has more. >> reporter: hey, david. here in malibu, it is an unbelievable day. and we've had so many of them this winter that they're even saving money here with the lack of winter storms. they don't have mud slides or houses falling into the ocean. but the real opportunity for savings are being seen in places like iowa where during the weather forecast this week, they're wearing shorts. >> what's it going to be like today, kids? >> warm. >> you got it. good thing you're in your shorts and tank tops and t-shirts. talking record highs. >> reporter: des moines hit 85 yesterday. that's nearly 30 deg
that's a more positive environment. on the other hand, if there's no q.e. because the feds decides they want to tighten a bit, that would be a more negative signal. >> always good to see you. >> thank you. >>> spring is in the air. in fact, it seems to have been in the air for quite some time. a little early, certainly. today we're looking beyond the early blooms. and jane wells is seeing opportunity in how much municipalities can catch in on that early spring. jane has...
164
164
Nov 16, 2012
11/12
by
CNBC
tv
eye 164
favorite 0
quote 0
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
234
234
Mar 15, 2012
03/12
by
CNBC
tv
eye 234
favorite 0
quote 0
they're already in a very depressed environment, returning roughly mid teens on tangible common equity, this is pretty healthy, pretty heroic, quite frankly, and it's my opinion, i think, as we go forward and the recovery continues to game some momentum, it's not unreasonable to think these guys can't earn high teens, potentially getting back to where they were 5, 10 years ago. >> really? without taking on the kind of leverage they did back then? >> the big differential we're seeing right now is a number of these companies have made significant moves in terms of adding a tremendous amount of scale within the business model. we've had a tremendous amount of dislocation within the sector itself, and the banks right now, they're enjoying tremendous margins across several of these businesses, which is certainly something i think you'll continue to see over at least the near to intermediate term, and, you know, it's really the biggest guys, most scale, and really the most levered to an improving economy that i think can get back, at least very close to where they were several years ago. >>
they're already in a very depressed environment, returning roughly mid teens on tangible common equity, this is pretty healthy, pretty heroic, quite frankly, and it's my opinion, i think, as we go forward and the recovery continues to game some momentum, it's not unreasonable to think these guys can't earn high teens, potentially getting back to where they were 5, 10 years ago. >> really? without taking on the kind of leverage they did back then? >> the big differential we're seeing...
230
230
Mar 23, 2012
03/12
by
CNBC
tv
eye 230
favorite 0
quote 0
each one of those different states has a different legal environment in which the foreclosure process takes various amounts of time. we're really going to go out and test in each of those different states whether or not the customer is more interested in remaining in their home through a tenant situation versus waiting out the process of foreclosure. >> ron, you say about a thousand will be invited to participate in the first phase of the pilot but you guys must have an idea of how many home owners out there might be eligible or might be interested. how large could that number be? >> well, i know how many could be eligible. i won't predict the number. but there is a number of people who would be eligible. what i really don't know is how many will be interested. and that really is the purpose of the pilot program. again, the reason we have identified these thousands because they are 90 days behind on their current mortgage. they are in the foreclosure process already. so they generally know the direction they are heading and we're trying to contact them and say would you like to avoid
each one of those different states has a different legal environment in which the foreclosure process takes various amounts of time. we're really going to go out and test in each of those different states whether or not the customer is more interested in remaining in their home through a tenant situation versus waiting out the process of foreclosure. >> ron, you say about a thousand will be invited to participate in the first phase of the pilot but you guys must have an idea of how many...
251
251
Jun 20, 2012
06/12
by
CNBC
tv
eye 251
favorite 0
quote 0
maybe that will end up bess a positive thing, but certainly not in this environment. they had to know that will still be an issue now. it's not like the crisis started the other day. >> the amazing thing is this is the best brand in -- cvk has been taking it to them -- express scrips has been taken it to them. this is so not a buy right here. i'm aghast. look. when a company does something that's mystifying to everyone, it won't overnight become less mystifying. the deeper people dig, the more they're concerned about walgreens. >> in 15 seconds we'll toss to break. we'll talk adobe after the bell. of course, the opening bell now about 3 1/2 minutes away. another big day of trading ahead. more "squawk on the street" right after this. [ male announcer ] if you believe the mayan calendar, on december 21st polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises oncemb and you still need to retire. td ameritrade's investment consultants can help you build a plan that fi
maybe that will end up bess a positive thing, but certainly not in this environment. they had to know that will still be an issue now. it's not like the crisis started the other day. >> the amazing thing is this is the best brand in -- cvk has been taking it to them -- express scrips has been taken it to them. this is so not a buy right here. i'm aghast. look. when a company does something that's mystifying to everyone, it won't overnight become less mystifying. the deeper people dig, the...
187
187
Nov 19, 2012
11/12
by
CNBC
tv
eye 187
favorite 0
quote 0
most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a downgrade from jefferies. jefferies saying there is a -- 33% more downside for this company to go. last week it restated earnings for the last two years. wipe out about $56 million in profit. they had problem was their accounting and with the payme payments. >> meantime, tensions rising in the middle east. senior official close to binyamin netanyahu is ready for ground invasion in the gaza strip but prefers diplomatic solution to that conflict. >> reporter: hello there. in fact, it is nighttime in g . gaza. the attention is shifting south of where we are. focusing more on cairo, egypt. that's where intense ne
most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a...
450
450
Jun 5, 2012
06/12
by
CNBC
tv
eye 450
favorite 0
quote 0
the regulatory environment is changing. in is an opportunity for us to gain market share and wait for when the business cycle occurs again. that's when trading volumes will pick up substantially. >> you know, shawn, talking franchise, you think of as a fixed inside shot. so what is that ten-year, 1.5% yield telling us. a lot of people are asking the question, what's your answer? >> it's telling us there's not better places to put your money at this point in time. i think from a long-term perspective, owning the 10-year at 1.5% is clearly a losing trade. now, at this point in time, we have a carry trade on. we have occurred flattening because of that. and you're going to be in a scenario where people want to hide. and they hide with positive carry. so that's what's going on here. the curve has flattened down. but now we're starting to look at a position when real estate bottoms. that's going to be the key metrics here. when real estate bottoms, you want to be an aggressive seller at the long end of the treasury. >> shawn, we
the regulatory environment is changing. in is an opportunity for us to gain market share and wait for when the business cycle occurs again. that's when trading volumes will pick up substantially. >> you know, shawn, talking franchise, you think of as a fixed inside shot. so what is that ten-year, 1.5% yield telling us. a lot of people are asking the question, what's your answer? >> it's telling us there's not better places to put your money at this point in time. i think from a...
154
154
Apr 23, 2012
04/12
by
CNBC
tv
eye 154
favorite 0
quote 0
what do you do in an environment like this? >> we trade as a country that is almost -- if you go back to when we were one big land mass we trade as a country that makes it so that if you think europe is going lower you have to sell raw scores. it's perhaps the best performing retailer and nipping at wal-mart's heels. when you sell raw scores it can bounce back because it comes back with a great monthly number. you say did i sell raw stores off of spanish weakness it is how long it takes because the futures do bring down everything. >> you were just getting your start in the business when we were one big land base. i'm kidding. >> when japan was part of our land. >> are you going age on me? >> makes him feel better. >> i used to have to trade tokyo overnight. remember the market cap of tokyo was bigger than the united states. you always want to know what tokyo is going to do. we didn't have the linkage that we have right now. the linkage is so difficult because we are not doing so well. >> and people remember last year and where
what do you do in an environment like this? >> we trade as a country that is almost -- if you go back to when we were one big land mass we trade as a country that makes it so that if you think europe is going lower you have to sell raw scores. it's perhaps the best performing retailer and nipping at wal-mart's heels. when you sell raw scores it can bounce back because it comes back with a great monthly number. you say did i sell raw stores off of spanish weakness it is how long it takes...
266
266
Dec 7, 2012
12/12
by
CNBC
tv
eye 266
favorite 0
quote 0
in that environment you would see modest upward pressure on yields. now, is it possible that you would get more upward pressure on yields. possible. you're starting from a very low level. if the economy were to accelerate more sharply. if we were to get a more expansionary fiscal year. if the payroll tax cut was extended i don't expect that but if that were to happen, that probably would put more awkward pressure on longer term yields. >> setting up next week, fed meeting, an event or not? >> i think it's pretty clear what we're going to see in at least the broad outline. i would expect continued pace of asset purchases at $85 billion a month. that is widely expected. i think for good reason. i think that there are some questions about the details, of course, what are mature ranges going to be and things like that. you'll always have those kind of questions so there's uncertainty there. i don't think we're going to see a lot of new innovation beyond that sort of extension of the $85 billion pace of purchases. >> good to see you. thanks. >>> still ahea
in that environment you would see modest upward pressure on yields. now, is it possible that you would get more upward pressure on yields. possible. you're starting from a very low level. if the economy were to accelerate more sharply. if we were to get a more expansionary fiscal year. if the payroll tax cut was extended i don't expect that but if that were to happen, that probably would put more awkward pressure on longer term yields. >> setting up next week, fed meeting, an event or...
275
275
Jul 24, 2012
07/12
by
CNBC
tv
eye 275
favorite 0
quote 0
we are in a tough environment so it's better to be cautious than overly bullish. we think that's to be conservative we think it's a better stance to take at this point. >> i like the way you put it here, you believe apple will revert to its vintage conservative guidance and people who don't follow the name that closely should be aware that they are notorious for issuing guidance that seems really cautious. >> yeah, that's correct. so yes, they tend to be conservative with their guidance, but the other thing that's giving us more caution, frankly, is when we talk to the suppliers in asia, there is a reduction in the bill plans, particularly for iphones and we think for that reason they're going to be probably, there's more reason to be conservative this time. >> we'll see you in a few hours away. good to talk to you again. >> thanks for having us again. >> sha wu at sterne agee. >>> a very crowded trade, gary, good morning. >> this has been on my mind for several weeks and i want to give credit to the "wall street journal," they did run a cover story on the high di
we are in a tough environment so it's better to be cautious than overly bullish. we think that's to be conservative we think it's a better stance to take at this point. >> i like the way you put it here, you believe apple will revert to its vintage conservative guidance and people who don't follow the name that closely should be aware that they are notorious for issuing guidance that seems really cautious. >> yeah, that's correct. so yes, they tend to be conservative with their...
154
154
Aug 15, 2012
08/12
by
CNBC
tv
eye 154
favorite 0
quote 0
we'll all be successful. >> a solid growth environment. business is growing roughly 20% over the last five quarters or so. we're very optimistic about the futures so we've been talking about that and growth of organic here in the united states. >> good morning. live here at post nine at the new york stock exchange. want to check on the markets today. another thin range. dow down only 8. nasdaq up 8 as well. there's a lot going on underneath the surface. deere down sharply after the company's quarterly profit m missed expectations and deere cut the sales outlook for the rest of 2012. starbucks cites rapidly expanding consumer product business and one of the highest potential long-term growth stories in consumer goods. road map today goes like this. big numbers out of retail. some of the most anticipated companies still to come. we're going to wrap up all of the numbers and show you how to play the retail space. we'll travel to mississippi and look at the tragic events of the drought and how it's impacting trade all over the country and we l
we'll all be successful. >> a solid growth environment. business is growing roughly 20% over the last five quarters or so. we're very optimistic about the futures so we've been talking about that and growth of organic here in the united states. >> good morning. live here at post nine at the new york stock exchange. want to check on the markets today. another thin range. dow down only 8. nasdaq up 8 as well. there's a lot going on underneath the surface. deere down sharply after the...
263
263
Aug 20, 2012
08/12
by
CNBC
tv
eye 263
favorite 0
quote 0
so in a global environment where we do see a number of challenges, i think the u.s. is one of the brighter spots at the moment. >> ian robt robertson joining us where the car is launching the drive share program. you heard what mr. robertson said, they are fairly optimistic for luxury sales here in the united states. >> thanks, phil lebeau there from the latest market sector. let's get a market flash from courtney reagan. courtney? >> taking a look at a data center service center, up 1% today. bank of america, merrill link raising the target from 185 despite the record bookings in the first quarter. second best bookings in the second quarter. bank of america, merrill limpbl raising the price target on equinix. >>> the tech titan that just won't stop. apple shares hitting a new all-time high this monday morning. ipad mini rumors. what is next for the tech powerhouse in apple? [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real tim
so in a global environment where we do see a number of challenges, i think the u.s. is one of the brighter spots at the moment. >> ian robt robertson joining us where the car is launching the drive share program. you heard what mr. robertson said, they are fairly optimistic for luxury sales here in the united states. >> thanks, phil lebeau there from the latest market sector. let's get a market flash from courtney reagan. courtney? >> taking a look at a data center service...
180
180
Aug 23, 2012
08/12
by
CNBC
tv
eye 180
favorite 0
quote 0
the committee has acted but that was in an interest rate environment where you could make a 25 basis point move. >> thank you so much. appreciate it. that does it for us right now. time for "squawk on the street." >>> good morning. welcome to "squawk on the street," i'm melissa lee with carl kint knquintanilla and jim. slight uptick in the claims numbers. it's a flash pmi coming out of china holding us lower in the morning. the dow, s&p and nasdaq looking to open lower. key meeting in europe between merkel and olon. >>> the fed president says the probability of qe, not as high as the markets expected this summer. he adds if growth stays at 2%, the fed stays on hold. what does that mean for your investments? >> meantime, china may be quicker to ease after manufacturie ining data came in negative for the tenth straight month. in the meantime, tacking on another 20 buck here. >> hewlett-packard lowers the high end of its earnings forecast, says it's too smart to try to beat apple at a consumer tablet. what's next for hp as apple hits yet another all-time high? >>> still, the buzz surrou
the committee has acted but that was in an interest rate environment where you could make a 25 basis point move. >> thank you so much. appreciate it. that does it for us right now. time for "squawk on the street." >>> good morning. welcome to "squawk on the street," i'm melissa lee with carl kint knquintanilla and jim. slight uptick in the claims numbers. it's a flash pmi coming out of china holding us lower in the morning. the dow, s&p and nasdaq looking...
276
276
Feb 27, 2012
02/12
by
CNBC
tv
eye 276
favorite 0
quote 0
so e-commerce has been one of the bright spots in europe in what is otherwise a challenging environment. >> john, some comments that you made have been expected up in terms of telling some of the mobile handset providers and subsidizers to open up their system. what are you hoping to see in the mobile handset business? >> i think the story of at least our company has been that when we open up and governor consumers choice, that's when our business takes off. so let's take mobile payments, for instance. i think a closed system, nfc approach, or any closed system is going to be challenging to be adopted across merchants and retailers and to get consumer usage. so i think one of of the thing thags we've had to do i think retailers are learning to do and the mobile ecosystem has to do is to allow consumers to have choice. and to -- whether if they want to use an apple phone or android-based phone or windows-based phone, you can't have different shopping experiences and different payment experiences for each operating system. and so i think we're going in a direction where you'll see more co
so e-commerce has been one of the bright spots in europe in what is otherwise a challenging environment. >> john, some comments that you made have been expected up in terms of telling some of the mobile handset providers and subsidizers to open up their system. what are you hoping to see in the mobile handset business? >> i think the story of at least our company has been that when we open up and governor consumers choice, that's when our business takes off. so let's take mobile...
174
174
Oct 18, 2012
10/12
by
CNBC
tv
eye 174
favorite 0
quote 0
m&a not great, but what do you expect given the environment? underwriting is still okay. they're talking about a 6-ish percent return on equity. which is just wow, right? >> is it ever going to be what it ever was before? that's the whole point of dodd-frank, right? to never let that happen again. >> it's never going to be the same given capitals, leverage, or leverage rates what they were before. it certainly could be higher than 6%. could it be 12% or 13%? that's a lot to ask for, jim. >> the steel plant probably gets a better return than morgan stanley. they're not levered. they're doing business. timken may be a better story. morgan stanley still not as good as the single best quarter we saw from any bank, which remains citigroup. no accounting for ceos. he had to go. pandit had to go. it was a terrible quarter. happened to be the best banking quarter, but that's okay because we fulfilled his usefulness. time to move on to someone who's going to deliver not as good of a quarter. >> they keep bringing up this four box of the four of us, but with you in that orange, twi
m&a not great, but what do you expect given the environment? underwriting is still okay. they're talking about a 6-ish percent return on equity. which is just wow, right? >> is it ever going to be what it ever was before? that's the whole point of dodd-frank, right? to never let that happen again. >> it's never going to be the same given capitals, leverage, or leverage rates what they were before. it certainly could be higher than 6%. could it be 12% or 13%? that's a lot to ask...
332
332
Jun 12, 2012
06/12
by
CNBC
tv
eye 332
favorite 0
quote 0
the environment itself, jim and i were talking about the environment for the big banks, whether it's ipos or trading in stocks. you know, i have a sense -- i have a sense when this summer sense, i would not be surprised if we're talking about layoffs. >> it has to. what over -- ipo numbers, you see the numbers, they had them in the "financial times. now you're talking about -- >> how many do you have in -- >> that was one of my favorites. dysthe ipo numbers? >> i stuck that in. >> $53 billion raised by companies so far this year. >> will you give me a break? >> a fellow, i happen to have a fellow right here. >> it's in my back pocket. >> classic. i love that. >> i've been the injure othing going, the jeff matthews, ceo goes awop. planes, trains and nothing. but i come back and i search for a division -- i remember when i first interviewed at goldman sachs, they were hiring four people. four people in sales and trading. it was like, wow, i wanted to be one of the four, and there's so many business, maybe they go back to the four. >> you know, we will be discussion that. my sense would
the environment itself, jim and i were talking about the environment for the big banks, whether it's ipos or trading in stocks. you know, i have a sense -- i have a sense when this summer sense, i would not be surprised if we're talking about layoffs. >> it has to. what over -- ipo numbers, you see the numbers, they had them in the "financial times. now you're talking about -- >> how many do you have in -- >> that was one of my favorites. dysthe ipo numbers? >> i...
203
203
Nov 8, 2012
11/12
by
CNBC
tv
eye 203
favorite 0
quote 0
i think the important thing is that it's not the same environment as the summer. in the summer we had a big euro downtrend. we didn't know what the ecb would do. ecb's there now to provide back steps so the moves will be somewhat smaller and that means you'll have to be careful with the entry point and if you have a spike it would sell out again. what kind of spike are we talking about? 129 or so? >> and walk us through the levels there on a possible trade. >> yea. so if we have a spike up to 1.29, you can trade it down to 1.26 and it's a good risk reward. >> it's good to see you. jens nordvick. be sure to catch "money in motion" at 5:30 eastern time and check out "currency class" at "money in motion." that trade is getting more interesting, that's for sure. >> financials bouncing back a bit today after a big sell-off yesterday. one of the street's top analysts mike mayo here to tell us which banks are worth investing in. that's ahead on "squawk on the street." or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you
i think the important thing is that it's not the same environment as the summer. in the summer we had a big euro downtrend. we didn't know what the ecb would do. ecb's there now to provide back steps so the moves will be somewhat smaller and that means you'll have to be careful with the entry point and if you have a spike it would sell out again. what kind of spike are we talking about? 129 or so? >> and walk us through the levels there on a possible trade. >> yea. so if we have a...
220
220
Apr 4, 2012
04/12
by
CNBC
tv
eye 220
favorite 0
quote 0
in that environment, of course today we had a european central bank news conference. mario draghi went out of his way to be as dovish as i possibly could. almost bernanke in style. there was a concern that maybe the germans were persuading the ecb as a whole to get more hawkish because of the money they pumped in. he was saying downside risk to the economy remains and he felt that on the question of whether they were getting more aggressive, he, as president of the ecb, is the one who had the last word on it. this is the man. >> i don't think i'm stepping up my rhetoric on inflation. i think the ecb's always said that -- that the increase increases the price of oil and other commodities to the extent they are passed through, prices, wages, and margins ought to be contrasted. so it's not -- there's nothing new into this. >> and of course earlier on the program, carl, we heard bill gross suggest that not only is there potentially a bernanke put on the market but also an ecb put that neither of those central banks can allow the market to fall too far. they will inject mo
in that environment, of course today we had a european central bank news conference. mario draghi went out of his way to be as dovish as i possibly could. almost bernanke in style. there was a concern that maybe the germans were persuading the ecb as a whole to get more hawkish because of the money they pumped in. he was saying downside risk to the economy remains and he felt that on the question of whether they were getting more aggressive, he, as president of the ecb, is the one who had the...
207
207
Jul 30, 2012
07/12
by
CNBC
tv
eye 207
favorite 0
quote 0
it's not crazy but it's a deal in an environment where we don't have a lot of them. helping the group overall as well. >> kbr had a really good quarter last week. foster wheeler's been lagging. i had mr. bernhard, ceo of shaw, on. and he was adamant that people should not write off his company even though they have huge projects in coal and nuclear. this man had a great balance sheet. this man had a lot of orders away from coal and nuclear and was always pro-shareholder and said to the shorts basically, bring it on! he's thought the shorts a terminal lesson today. >> what exactly is it that this company does? reading a press release -- they built the plants themselves or do they put the pipeline -- >> no, they build the plants. that's why they have so many people who work for them. they had been a giant builder of nuclear plants, obviously that's on pause. >> and then coal also sort of on pause. >> on pause. >> that's the problem. $46 remarkably represents a level in the stock not seen for four years. >> wow. >> four years. >> that's why you take it. big premium. >>
it's not crazy but it's a deal in an environment where we don't have a lot of them. helping the group overall as well. >> kbr had a really good quarter last week. foster wheeler's been lagging. i had mr. bernhard, ceo of shaw, on. and he was adamant that people should not write off his company even though they have huge projects in coal and nuclear. this man had a great balance sheet. this man had a lot of orders away from coal and nuclear and was always pro-shareholder and said to the...
241
241
Aug 31, 2012
08/12
by
CNBC
tv
eye 241
favorite 0
quote 0
economic headwinds, zero interest rates, the overall slow growth environment argue for keeping rates lower for longer. research, he says, shows that the programs have been effective. remember we told you that key in on how he makes the case for this and says the effect of significantly lowering yields for long-term treasuries, corporate bonds and mortgage-backed securities. research also shows the asset purchases have helped lower stock prices and the economy and fight deflation. unconventional policies, he does acknowledge, are more difficult to apply. he says significantly here the bar is higher for using these policies. it is also hard to estimate the overall effect of these policies on the economy but points out that monetary policy cannot replace broader economic policies, a nod towards what he believes is from washington and the congress and the president, but he says despite all of those problems with non-traditional policies, we need to sort of not lose sight of the daunting economic challenges the economy faces, labor market stag nation, he says, creates enormous suffering a
economic headwinds, zero interest rates, the overall slow growth environment argue for keeping rates lower for longer. research, he says, shows that the programs have been effective. remember we told you that key in on how he makes the case for this and says the effect of significantly lowering yields for long-term treasuries, corporate bonds and mortgage-backed securities. research also shows the asset purchases have helped lower stock prices and the economy and fight deflation. unconventional...
185
185
May 30, 2012
05/12
by
CNBC
tv
eye 185
favorite 0
quote 0
so i think there are more liquid places in this environment. you want best in breed on liquidity. >> monsanto got people's attention today. >> dupont has a competitive seed and they are doing well. >> stephanie, great stuff. thank you so much. don't forget to keep the tweets coming. research in motion hiring big financial firms for advice on the company's strategy going forward, but we are trying to save rim money today. so what advice would you give to rim? tweet us @cnbcsquawkst. we'll get your answers right after this break. >>> you like golf, don't you? well, how would you like to win a golf ball signed by the entire "squawk on the street" gang. all you have to do is nail the number. if you can guess this friday's non-farm jobs number, it's all yours. tweet us@cnbcsquawkst. and you have to be 18 years of age, too. sorry, kids. for all the official rules and details, go to cnbc.com. you have until 8:28 this friday morning. good luck. ♪ [ engine turns over ] [ male announcer ] we began with the rx. [ tires squeal ] then we turned the page,
so i think there are more liquid places in this environment. you want best in breed on liquidity. >> monsanto got people's attention today. >> dupont has a competitive seed and they are doing well. >> stephanie, great stuff. thank you so much. don't forget to keep the tweets coming. research in motion hiring big financial firms for advice on the company's strategy going forward, but we are trying to save rim money today. so what advice would you give to rim? tweet us...
247
247
Dec 11, 2012
12/12
by
CNBC
tv
eye 247
favorite 0
quote 1
tighter inventory levels, stable pricing environment, and low interest rates. so collectively, we think these three factors would definitely drive demand verystantially next year. it's been a terrific year for the home builders. we think we're still in the third inning, not the seventh inning. both for fundamentals and the stocks. >> is there a part of the market we'll see the most building? is it the lower end or higher end? take a look at the demographic patterns, household formations depressed since 2007. there's a notion there has to be a catch-up and new households now being formed. if you're to take that piece as going forward, you would think it would be the younger end of the spectrum out there going out there -- >> absolutely. we're comfortable with the thesis that first time home buyers are going back to the market in a very strong way. we see a number of stocks doing really well who cater to that market next year, like lennar, hulte, tull will do well and our big cause of the sandskaps will show strength. arizona, california, nevada and florida. it's
tighter inventory levels, stable pricing environment, and low interest rates. so collectively, we think these three factors would definitely drive demand verystantially next year. it's been a terrific year for the home builders. we think we're still in the third inning, not the seventh inning. both for fundamentals and the stocks. >> is there a part of the market we'll see the most building? is it the lower end or higher end? take a look at the demographic patterns, household formations...
226
226
Feb 29, 2012
02/12
by
CNBC
tv
eye 226
favorite 0
quote 0
. >> in a very different environment. we were propelled through a lack of earnings at that stage, weren't we? it was a very different environment to where we now trade where you have the likes of apple -- >> the nasdaq is, yes, far more modest than it was then when you had the yahoo!s of the world trading -- multiples that we have yet to see even close to or perhaps never will see again. >> the valuation of apple is in line with the general s&p 500. it's not arguably stretched, even now. >> also this morning, the commerce department reporting that u.s. gdp grew at 3% annual rate in the fourth quarter of 2011. major improvement from the 1.8% growth rate in the prior quarter and the fastest since the second quarter of 2010. on top of that, the chicago pmi, 64 versus 61. kind of making up for yesterday's durables numbers, yesterday's -- considered numbers were okay. >> case-shiller. between the durables and the case-shiller numbers, it really put into question whether or not people are ordering goods, they have confidence --
. >> in a very different environment. we were propelled through a lack of earnings at that stage, weren't we? it was a very different environment to where we now trade where you have the likes of apple -- >> the nasdaq is, yes, far more modest than it was then when you had the yahoo!s of the world trading -- multiples that we have yet to see even close to or perhaps never will see again. >> the valuation of apple is in line with the general s&p 500. it's not arguably...
243
243
Jun 18, 2012
06/12
by
CNBC
tv
eye 243
favorite 0
quote 0
there is an environment in which investors don't want to take risk, but want yield. what and how do you advise them to go about constructing a portfolio that might accomplish that. >> the mantra lately has been safety in income, and the trouble is i think investors have to think about at what price? and they're getting such low yields now on traditional fixed income that i think that they should not run trickily to safety and yield, but look for something creative. it might be equities or bonds which might be some credit at risks. >> so you think perhaps equities in this environment? >> the think i like about equities is nobody likes them. you now. the most important thing is how much op mitch and affect is built into the price. right now, with regards to stocks, there's precious little. >> absolutely. >> in terms of your portfolio, you are comprised of a lot of distressed dead, private equity is a component as well. but equities don't make a big play in terms of what oak tree does. that's right, they don't. my comments are really just academ academic, not touting ou
there is an environment in which investors don't want to take risk, but want yield. what and how do you advise them to go about constructing a portfolio that might accomplish that. >> the mantra lately has been safety in income, and the trouble is i think investors have to think about at what price? and they're getting such low yields now on traditional fixed income that i think that they should not run trickily to safety and yield, but look for something creative. it might be equities or...
274
274
Jan 30, 2012
01/12
by
CNBC
tv
eye 274
favorite 0
quote 0
[customer:] we need to protect the environment. [worker:] we could do both. is that possible? [announcer:] at conocophillips, we're helping power america's economy with cleaner, affordable natural gas. more jobs. less emissions. a good answer for everyone. well, if it's cleaner and affordable. as long as we keep these safe. there you go. thanks. [announcer:] conocophillips. >>> some of the stories we're watching a little more than two hours into the trading day. mot motorola solutions ups buyback plan by $1 billion. >>> gold man expects sluggish demand on the company staples business. and amylis surgeries 20% on drug approval of durian, surging as high as 20% on that approval. when we come back -- how about $100 billion? that's facebook's valuation right now. after the break we'll talk to ben mezdik. he wrote the book on facebook, literally, and we'll see what he thinks about it going into the public market. in what passes for common sense. used to be we socked money away and expected it to grow. then the world changed... and the common sense of retirement planning became anyt
[customer:] we need to protect the environment. [worker:] we could do both. is that possible? [announcer:] at conocophillips, we're helping power america's economy with cleaner, affordable natural gas. more jobs. less emissions. a good answer for everyone. well, if it's cleaner and affordable. as long as we keep these safe. there you go. thanks. [announcer:] conocophillips. >>> some of the stories we're watching a little more than two hours into the trading day. mot motorola solutions...
207
207
Oct 26, 2012
10/12
by
CNBC
tv
eye 207
favorite 0
quote 0
how does it survive in this new environment? >> well, imagine you get off work today at cnbc and want to drive to the garden stated mall. apple's getting in your car, they want to be eyes free siri. you say you wanting to to see the mall, it will note through apple maps, know where you want to go, plot your course. you will say, hey, i'd like to listen to music, pick your type of station. siri will auto tune to that music and will know you're going to the mall, it will know what's in the mall because it knows exactly where you are because they own the device. they'll say, hey, would you like a coupon for starbucks? that will be the ad in the middle of the show. automatically it will go in your pass book. when walk up to the starbucks, the coupon will pop up on your phone. that's what apple's after. the control of the local experience. pandora doesn't control the phone. they don't know that information. this is going to be a serious competit competitor. and i think what might be most compelling for you to switch services is, one,
how does it survive in this new environment? >> well, imagine you get off work today at cnbc and want to drive to the garden stated mall. apple's getting in your car, they want to be eyes free siri. you say you wanting to to see the mall, it will note through apple maps, know where you want to go, plot your course. you will say, hey, i'd like to listen to music, pick your type of station. siri will auto tune to that music and will know you're going to the mall, it will know what's in the...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
so much to think about, even as you're returning and using cards in this environment. thanks so much. jane wells. when we come back, find out how the fiscal cliff is affecting the euro's move higher. here's one corporate executive's view of the fiscal cliff. >> i'm the president and ceo and owner of canon safe. the fiscal cliff is going to impact me as a business owner. it makes me uncertain. it makes me wonder, should i expand? should i hire more people? do i need to lay people off? the bottom line, we're at this point in a lack of leadership. it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says they are a real improvement from the old sto
so much to think about, even as you're returning and using cards in this environment. thanks so much. jane wells. when we come back, find out how the fiscal cliff is affecting the euro's move higher. here's one corporate executive's view of the fiscal cliff. >> i'm the president and ceo and owner of canon safe. the fiscal cliff is going to impact me as a business owner. it makes me uncertain. it makes me wonder, should i expand? should i hire more people? do i need to lay people off? the...
254
254
Oct 2, 2012
10/12
by
CNBC
tv
eye 254
favorite 0
quote 0
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] try new alka-seltzer plus severe allergy to treat allergy symptoms, plus sinus congestion, and pain. and those w
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i have a cold... i took...
340
340
May 16, 2012
05/12
by
CNBC
tv
eye 340
favorite 0
quote 0
all companies and enterprises that are commodity intensive have to manage the supply chain in this environment. >> you have to increase fares as jet fuel rises. what do you see as far as the pricing power for the rest of the year, domestically and internationally? >> well, we don't generally like to comment on the future pricing intentions but as a general rule, our business has got to reflect the cost of goods sold like a public utility, fed-ex or u.p.s. or a railroad. and our intention is to manage our capacity, be the best purchasers of fuel, vertically integrate in the supply chain and be certain that our product costs are fully covered in pricing. >> one last question as we wrap up. virgin atlantic says you can make cell phones in flight. any chance of that at delta? >> no. we are very close to our business travelers and our business travelers telling us that's not something they want us to do. how about you? you have been doing this for a long time. okay? >> i don't like seeing people on the phone. >> you want us to have cell phones next to you all the way across the ocean? >> no. i don'
all companies and enterprises that are commodity intensive have to manage the supply chain in this environment. >> you have to increase fares as jet fuel rises. what do you see as far as the pricing power for the rest of the year, domestically and internationally? >> well, we don't generally like to comment on the future pricing intentions but as a general rule, our business has got to reflect the cost of goods sold like a public utility, fed-ex or u.p.s. or a railroad. and our...
166
166
Oct 15, 2012
10/12
by
CNBC
tv
eye 166
favorite 0
quote 0
. >> even ipos that were shelved in their recent past might get new life for the environment. >> this is incredible. how did we get to be bullish on the ones we were bearish? i went to dave & buster's, went right by and said i think this one will come back. >> the major averages are now lower for october. >> way. >> dow is not lost in october, jim, since 2008. >> is that true? >> yeah. >> negative normally when september ends up being good which it was. but i just wonder whether or not you think the jinx is intact this month. >> i've got to tell you i think that the earnings are just okay. the transit -- look, tomorrow will kick it off. the bank earnings have been quite good and people are selling that group too hard. >> all right. we'll see you tonight. >> 6:00 and 11:00 p.m. >>> randi zuckerberg stepping out from her brother mark's shadow, the executive producer of a new bravo reality show "start-ups: silicon valley." we'll talk to her and rick sherlund known for his longtime coverage of microsoft. does he think windows 8 will change the game. "squawk on the street" will be right ba
. >> even ipos that were shelved in their recent past might get new life for the environment. >> this is incredible. how did we get to be bullish on the ones we were bearish? i went to dave & buster's, went right by and said i think this one will come back. >> the major averages are now lower for october. >> way. >> dow is not lost in october, jim, since 2008. >> is that true? >> yeah. >> negative normally when september ends up being good...
193
193
Aug 27, 2012
08/12
by
CNBC
tv
eye 193
favorite 0
quote 0
i go back to -- it's easy right now to blame the macroeconomic environment. but i think the biggest issue for tiffany's is how strong the second quarter was last year. when i noise these numbers and slice and dice them, when i look at their sales numbers stacked on top of the prior year and the year before that, on that basis, sales trends actually held in really well for tiffany. >> i wonder, too, if that's not what's happening with japan where the figures were quite strong. is that in part because of the weakness we saw a year ago? >> definitely. with japan, we're cycling past the tragedy over there following the earthquake. >> brian, you say the quarter is not as bad as it could have been. what would have signified bad, though? what would bad have looked like? >> well, you could pick a number. they did a negative 1% comp. if comps were down 10%, that would have been bad. i'm just picking a number out of the sky. but down 1% given the strength last year, again, is not bad. >> i know you do mostly specialty. this might be a little out of your universe. but "
i go back to -- it's easy right now to blame the macroeconomic environment. but i think the biggest issue for tiffany's is how strong the second quarter was last year. when i noise these numbers and slice and dice them, when i look at their sales numbers stacked on top of the prior year and the year before that, on that basis, sales trends actually held in really well for tiffany. >> i wonder, too, if that's not what's happening with japan where the figures were quite strong. is that in...
285
285
Feb 9, 2012
02/12
by
CNBC
tv
eye 285
favorite 0
quote 0
foods could go to 90, bank of america could go to ten, and no one really cares, ford goes to 14 in this environment over time. >> some of the skeptics say fed is still high on the pump, boy, bank of england today, bringing their q-e -- >> the ecb should've cut rates. you've got to give them something. you've got to take up growth in europe. i didn't like some of the german numbers yesterday, china overheating again, not going to cut rates, i think the negative here, carl, are lacking in growth for 500 million people in europe. the only part of europe that seems a little strong to me is russia, calling it out as a strong market. >> 3m, cut to hold over valuation? >> you know what? i have seen a dramatic number increase in this year of valuation downgrades that makes very little sense to me. >> remember, another theme park, remarkable increase in dividends and yet sells -- 10% yield, cedar fair is the play when it comes to the great american scream machine kind of activity. >> we heard from phil lebeau earlier this morning on ford. erie took looking at auto sales and what it might do. >> i think auto
foods could go to 90, bank of america could go to ten, and no one really cares, ford goes to 14 in this environment over time. >> some of the skeptics say fed is still high on the pump, boy, bank of england today, bringing their q-e -- >> the ecb should've cut rates. you've got to give them something. you've got to take up growth in europe. i didn't like some of the german numbers yesterday, china overheating again, not going to cut rates, i think the negative here, carl, are...
222
222
Apr 5, 2012
04/12
by
CNBC
tv
eye 222
favorite 0
quote 0
so if you think about today's budget environment, this is a product together with lockheed mar martin, innovation and lower costs. all good things. >> you mentioned the uncertainties, one of the overhangs on the defense sector in general. how worried are you about some kind of budget breakdown as we get to the end of the year next year that severely impacts defense spending? >> i think from kaman we're well balanced with commercial and defense businesses, so we think that we can still grow despite some down turn in defense spending. but i think what's most important for the u.s. citizens is to understand what kind of impact congressionally mandated reductions could have. >> sequesters. >> sequester. and i think in particular for support of this industry because there's three important points. number one, the aerospace and defense industry has really led innovation in this country over the last century from the first flight to manned flight and is our largest industry. number two, jobs. it provides 3 million high paying, high skilled jobs in the united states and most importantly, i th
so if you think about today's budget environment, this is a product together with lockheed mar martin, innovation and lower costs. all good things. >> you mentioned the uncertainties, one of the overhangs on the defense sector in general. how worried are you about some kind of budget breakdown as we get to the end of the year next year that severely impacts defense spending? >> i think from kaman we're well balanced with commercial and defense businesses, so we think that we can...
229
229
Sep 20, 2012
09/12
by
CNBC
tv
eye 229
favorite 0
quote 0
they say the environment for banks is, in fact, getting better. usa at this stage risks proposition in broker stocks becoming less favorable. in plain english, the stocks have run up a lot and are close to the price targets and the upside is not as great as the downside risk at this point. >> throughout this period people's price targets were set lower because business was not so good. i come back and say, take a look at a terrific little piece, a squib in the financial times today about home depot. if you are just now getting a housing comeback, we saw the existing home sales very good. we have a larger spin being given toward homes, that's very positive for the banks. and you want to stay negative on the banks. what you have to believe is that home prices are going to stagnate again. that things are not going to get better no matter what and maybe you feel that way. i just can't be that pessimistic. >> they are much more aligned with the regionals in the housing market than the big international huge global investment banks/commercial banks. >>
they say the environment for banks is, in fact, getting better. usa at this stage risks proposition in broker stocks becoming less favorable. in plain english, the stocks have run up a lot and are close to the price targets and the upside is not as great as the downside risk at this point. >> throughout this period people's price targets were set lower because business was not so good. i come back and say, take a look at a terrific little piece, a squib in the financial times today about...
258
258
May 10, 2012
05/12
by
CNBC
tv
eye 258
favorite 0
quote 0
to share their strategies on investing in this environment. that's where we find our own tyler math i sen, who is with phil mcnabb and carl hagua. >> you thought buffett had a lot of money. i'm sitting here with roughly $3 trillion of money of shareholders just like you. $1.8 trillion under management at vanguard, and about $1 trillion at paul hagga's company. so we have a lot of money and a lot of things to talk about here. i want to start with etfs. have etfs been good for your companies, your industry, the fund industry, and have they been good for investors. ? bill? >> from our perspective they have been great, low-cost, high le diversified option for people. >> it only took you four seconds to get to cost, mr. mcnabb, let the record show. >> i was a little slow today. i'm sorry. what we're seeing is an expanded use of low-cost index options, and etfs are proving to be a good vehicle for that. >> good for the industry? good for the investors? >> can be both, often is both. we don't do etfs. >> i know you don't. >> we don't think we can add
to share their strategies on investing in this environment. that's where we find our own tyler math i sen, who is with phil mcnabb and carl hagua. >> you thought buffett had a lot of money. i'm sitting here with roughly $3 trillion of money of shareholders just like you. $1.8 trillion under management at vanguard, and about $1 trillion at paul hagga's company. so we have a lot of money and a lot of things to talk about here. i want to start with etfs. have etfs been good for your...